- Current land use is predominantly single-family residential along with a sizeable industrial component. However, over a third of total acreage is vacant.
- Population growth is slower than that in Houston or Harris County.
- Retail space occupancy is currently stronger than in the overall Houston market – 97% vs. 84%. Industrial space occupancy is also somewhat better.
- Bush Intercontinental Airport is a major driver of North Houston area economic development.
- Vehicular traffic on US 59 is expected to almost double in the next 20 years thereby benefitting development along that artery.
- There appear to be attractive mid-term development opportunities in medium size office/warehouse and small manufacturing and services facilities. Longer term, apartment, retail, restaurant, professional office and single family housing development opportunities should be available.
- The District should position itself to attract small industrial and service businesses.
- CDS has identified 34 properties, mostly small, that are well suited to future development in a variety of uses, primary service related.
- Capital improvements completed, underway or planned will enhance the District’s appeal.
- In addition, there are a number of organizations and programs that support economic development.
- As a strategy, the District should focus efforts on two corridors – JFK north of Aldine Mail Route and US 59. Consideration should be given to acquiring and land banking properties along the east side of 59 prior to completion of water and wastewater improvements in that area.
- An eight-part marketing program is recommended to attract developers and users to the District.
You can download the complete CDS report here.